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System and methods for actively managing electric power over an electric power grid and providing revenue grade data usable for settlement

  • US 9,952,611 B2
  • Filed: 12/18/2014
  • Issued: 04/24/2018
  • Est. Priority Date: 06/20/2012
  • Status: Active Grant
First Claim
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1. A system for managing power information on an electric power grid comprising:

  • a server having a processor coupled with a memory, and constructed and configured for communication over a network for communicating Internet-Protocol-based (IP-based) messages with power consuming devices and/or power supplying devices;

    a database for storing information relating to power consumed or supplied by the power consuming or supplying devices and the amount of power available to be reduced or supplied to each of the power consuming devices and/or power supplying devices;

    wherein the IP-based messages include information relating to activities by the power consuming devices and/or the power supplying devices;

    wherein the information is transformed by the system into settlement grade data corresponding to the activities of the power consuming devices and/or the power supplying devices;

    wherein the settlement grade data includes a quantification of revenue grade power available to be reduced or curtailed by the activities of the power consuming devices and revenue grade power available to be supplied by the activities of the power supplying devices;

    wherein the settlement grade data is used to trade and settle power to a power market; and

    at least one active load client operable to receive at least one of the IP-based messages and control at least one of the power consuming devices and at least one of the power supplying devices based on the received at least one of the IP-based messages.

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